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The AA why not on FSA register?

I know the account is run by Birmingham Midshires but why doesn't The AA appear as one of the names under the registration?

"The deposit-taker for the AA savings accounts is Birmingham Midshires, a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Services Authority. It is entered in the FSA's Register and its Register Number is 169628. Registered office: The Mound, Edinburgh EH1 1YZ." f

from AA website

http://www.fsa.gov.uk/register/home.do

Comments

  • noh
    noh Posts: 5,827 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There is no reason why the AA should appear on the register.
    As your extract says the deposit taker is BM.


    Nigel
  • Hazzanet
    Hazzanet Posts: 1,725 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Because the company taking the deposits is BM, not the AA. BM is listed on the list of names.
    4358
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